Imabari Shipbuilding Co., Ltd. entered into a basic agreement to acquire Marine engine business of Hitachi Zosen Corporation on September 26, 2022. As of December 14, 2022, Imabari Shipbuilding Co., Ltd. entered into a legally binding definitive agreement to acquire Marine engine business of Hitachi Zosen Corporation. The business has sales of Ñ20 billion.

Transaction is expected to be completed on April 1, 2023.